Education
(B29)
IRS Verified
DX Registered
990 on File
NORTH CAROLINA LEADERSHIP CHARTER ACADEMY INCORPORATED
Financial strength (30%)
77/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The primary mission of The North Carolina Leadership Academy is to develop each student’s leadership potential, intellectual aptitude, physical ability and heart for service in order to prepare our students to live in and give back to a changing society as self-respecting and responsible citizens. The administration, faculty, staff , board of trustees and other stakeholders, value the partnership the charter set forth with the parents and seek to foster a close relationship between home and school in order to reach each student’s potential
Financial Overview — FY 2024
$12.5M
Total Revenue
$11.5M
Total Expenses
$6.5M
Net Assets
135
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.4%
Fundraising Efficiency
N/A
Operating Reserve
6.77x
Liability-to-Asset
84.0%
Revenue Diversification
95.9%
Executive Compensation
$122K
Compared with Peers
FY 2024
Compared with 1,943 similar organizations
(United States, Education, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.4% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.6% | 13.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.8 mo | 10.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
84.0% | 31.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.9% | 88.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
3.6% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.7% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $12.5M | $11.5M | $6.5M | 80.4% | 135 |
| 2023 | $12.1M | $10.5M | $5.5M | 73.7% | 135 |
| 2022 | $10.6M | $9.9M | $3.8M | 74.8% | 130 |
| 2021 | $10.5M | $10.4M | N/A | — | 109 |
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